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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Strong Downtrend (-100) - PLNSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.22845 2.23145 2.21240 2.21530 -0.01315
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 2.42325

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 2.22870

short term down The short-term trend has been DOWN since Mar 2nd, 2021 at 2.23145

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.22845 2.23145 2.21240 2.21530 -0.01315
Prev. Close Volume Bid Ask Time
2.22845 2021-03-05 17:00:47
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